Senate Salvages Shipbuilding Cash

May 3, 2006

The Hilll is reporting that the Senate narrowly defeated an effort to strike $500 million in hurricane-recovery funding for defense giant Northrop Grumman from a $106.5 billion emergency supplemental spending bill, voting 47-52 to reject an amendment by Sen. Tom Coburn (R-Okla.). The provision is said to promise a point of contention in a House-Senate conference because the House-passed version would make $250 million available to Navy shipbuilders on the Gulf Coast, including Northrop Grumman. Source: The Hill

Related News

Building the Next-Gen Maritime Prepositioning Ship & Auxiliary Crane Ship Unfinished Hornbeck MPSV Arrives at Eastern for Build Completion Conflict Heating Up Over Cosco's Megaport in Peru Container Ship Deliveries Hit YTD Record FMD to Supply Retrofit Kits for US Navy Warship Engine Upgrades